Rumors Surface of Potential Dongfeng-Changan Merger to Create China’s Largest Auto Group
On February 9th, Dongfeng Motor Corporation (including Dongfeng Motor Group and Dongfeng Honda) and China South Industries Group (CSGC, parent of Changan Motors) jointly announced ongoing discussions with other state-owned enterprises (SOEs) regarding restructuring. These announcements clarified that corporate ownership would remain unchanged, with the State-owned Assets Supervision and Administration Commission of the State Council …
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